Merchandise Trade

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Since April 1987, Singapore’s merchandise trade statistics are compiled by Enterprise Singapore from the following information submitted to Singapore Customs:

Import and export permits submitted by traders or declaring agents;
Data on postal packages furnished by Singapore Post Limited; and
Statement on bunker fuel, aircraft fuel and stores supplied to non-Singapore-registered ships and aircraft furnished by shipping and aircraft agents.

Prior to April 1987, merchandise trade statistics were compiled by the Singapore Department of Statistics from the same sources.

The Standard International Trade Classification (SITC), Revision 4.1 is used for merchandise trade statistics from 1999, and SITC, Revision 3 for data prior to 1999.

Data

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Key Indicators

Items	Unit	Latest Period	Latest Data	% Change (Y‑o‑Y) 1/	Previous Period Data	% Change (Y‑o‑Y) 2/
Merchandise Trade
Total Trade at Current Prices	S$m	Oct-24	107,725.8	-2.0	103,805.3	0.4
Total Exports at Current Prices	S$m	Oct-24	56,292.1	-3.1	54,449.5	0.0
Domestic Exports	S$m	Oct-24	22,171.7	-15.7	21,968.8	-4.9
Non-oil Domestic Exports	S$m	Oct-24	14,098.4	-4.6	13,895.2	0.9
Re-exports	S$m	Oct-24	34,120.3	7.4	32,480.7	3.6
Items	Unit	Latest Period	Latest Data	% Change (Y‑o‑Y) 1/	Previous Period Data	% Change (Y‑o‑Y) 2/
Total Imports at Current Prices	S$m	Oct-24	51,433.7	-0.9	49,355.8	0.8
Total Trade at Current Prices	S$m	2023	1,205,722.6	-11.7	1,365,402.5	17.7
Total Exports at Current Prices	S$m	2023	638,403.5	-10.1	709,966.6	15.6
Domestic Exports	S$m	2023	285,053.0	-13.5	329,668.8	18.2
Non-oil Domestic Exports	S$m	2023	173,170.9	-13.1	199,207.9	3.0
Re-exports	S$m	2023	353,350.5	-7.1	380,297.8	13.5
Total Imports at Current Prices	S$m	2023	567,319.1	-13.4	655,435.9	20.1

Data are preliminary when first released.
1. Refers to % change in latest period over the same period in the previous year.
2. Refers to % change in the previous period over the same period in the previous year.

Merchandise Trade by Commodity Section/ Division

Title : Merchandise Trade By Commodity Section, (At Current Prices), Monthly

Thousand Dollars

Data Items	2024 Mar	2024 Apr	2024 May	2024 Jun	2024 Jul	2024 Aug	2024 Sep	2024 Oct
Total Merchandise Trade, (At Current Prices)	108,407,136	108,878,358	109,539,402	100,906,651	112,246,894	105,888,052	103,805,308	107,725,792
Oil	19,893,546	21,869,534	22,411,338	18,757,232	21,246,817	18,422,579	15,686,698	17,500,323
Non-Oil	88,513,590	87,008,824	87,128,064	82,149,419	91,000,077	87,465,473	88,118,609	90,225,469
Total Merchandise Imports, (At Current Prices)	51,367,941	53,029,722	52,727,764	48,899,485	53,013,743	49,991,334	49,355,784	51,433,716
Oil	9,563,468	11,284,238	10,854,460	9,159,742	11,074,495	9,114,922	7,420,139	9,231,857
Non-Oil	41,804,473	41,745,484	41,873,304	39,739,743	41,939,248	40,876,412	41,935,645	42,201,859
Total Merchandise Exports, (At Current Prices)	57,039,195	55,848,636	56,811,639	52,007,166	59,233,151	55,896,718	54,449,524	56,292,077
Oil	10,330,078	10,585,296	11,556,878	9,597,490	10,172,322	9,307,656	8,266,560	8,268,466
Non-Oil	46,709,117	45,263,340	45,254,760	42,409,676	49,060,829	46,589,062	46,182,964	48,023,610
Total Domestic Exports, (At Current Prices)	24,093,983	24,062,856	25,554,796	22,945,205	26,420,902	24,035,319	21,968,794	22,171,730
Oil	10,142,470	10,173,812	11,369,054	9,359,309	10,042,745	8,979,864	8,073,573	8,073,296
Non-Oil	13,951,513	13,889,044	14,185,742	13,585,896	16,378,156	15,055,455	13,895,221	14,098,434
Total Re-Exports, (At Current Prices)	32,945,212	31,785,780	31,256,842	29,061,961	32,812,249	31,861,398	32,480,730	34,120,346
Oil	187,608	411,484	187,824	238,180	129,576	327,792	192,986	195,170
Non-Oil	32,757,605	31,374,297	31,069,018	28,823,780	32,682,673	31,533,606	32,287,744	33,925,176

SOURCE : ENTERPRISE SINGAPORE

Footnotes

Prior to 2003, merchandise trade data exclude Singapore's merchandise trade with Indonesia. Data prior to 1999 are based on Standard International Trade Classification (SITC) 3. Data from 1999 onwards are based on SITC 4.1 and consistent with the ASEAN Harmonised Tariff Nomenclature (AHTN) 2022 version.

Merchandise Trade By Commodity Section (At Current Prices), Monthly

Merchandise Trade By Commodity Section, (At 2023 Prices), Monthly

Merchandise Imports By Commodity Division, Monthly

Merchandise Imports Of Machinery And Equipment, Monthly

Merchandise Exports By Commodity Division, Monthly

Merchandise Exports Of Machinery And Equipment, Monthly

Domestic Exports By Commodity Division, Monthly

Domestic Exports Of Major Non-Oil Products, Monthly

Re-Exports By Commodity Division, Monthly

Re-Exports Of Machinery And Equipment, Monthly

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